NEWPORT BEACH, CA—Sabal Financial Group has expanded intocommercial real estate term lending. Using its own technology, thefirm has created new project and division to serve applicants forsmall to mid-sized loans.

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“Historically, many loan applicants have faced extended periodsof uncertainty throughout a lengthy financing process,” explainsLen Israel, director of CRE term lending. “Our new platform isfocused on providing superior service and our technologyaccelerates the process.”

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The new program, called SNAP, provides a web-based,security-controlled interface where brokers and their borrowers canefficiently go through the loan process with access to real-timeinterest rates, loan tracking tools and closing checklists.Designed with the unique needs of brokers in mind, SNAP can beaccessed through the Sabal Financial website or a direct linkportal. Once registered, SNAP greatly increases transparency forbrokers working to get their loans approved by providing statusupdates and access to crucial loan process information.

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Sabal Financial's CRE Term Lending division will leverage thecompany's experience with its existing lending platforms andskilled team of commercial real estate investor professionals. Thegroup offers term loans from $1 million to $10 million for a widerange of commercial property types through an exclusivebroker-driven network.

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“From day one, innovation has been a key to Sabal's success,bringing expertise and efficiency to the real estate and financialmarketplace,” asserts Pat Jackson, CEO and founder of SabalFinancial. “Sabal continually finds ways to reinvent traditionalprocesses through the use of technology and the launch of our CREterm lending division and development of SNAP are important stepsin accomplishing this mission. We believe SNAP will be embraced bybrokers seeking an improved way to transact commercial real estateloans.”

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To learn more about what's on Pat Jackson's mind, click here.

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Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.